I usually dont like trading low priced stocks - barrier to entry is too low and weak hands cause noise. Technicals look good: falling wedge breakout with a dragonfly Doji candle (if youre a nerd), MACD trying to cross over, RSI and Williams lower indicators curling off lows. I would not go nuts deep to start. Target 5.90ish and gap fills at 6.74...
Overall, im cautious the market at these levels.
Overall, im cautious the market at these levels.
Trade active
macd starting to cross on the daily... overall market notwithstanding, this may just be getting started. resistance at 20ema, then 6ish. stop daily close below 4.65.Note
tagged the 20day ema and backed off... still in playTrade closed: target reached
beauty. im out.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.